Automotive Proportioning valves are used in vehicle’s brake system to reduce the brake fluid pressure applied to each axle set of the brake system. Automotive Proportioning valves is a necessary component of the brake system connecting the master cylinder to the rest of braking system. Automotive Proportioning Valve is a spring loaded device. Automotive Proportioning Valves helps in adjusting the distribution of the brake force between the rear and front wheels and subsequently avoids the rear tires from locking up. Owing to increasing automotive sales and vehicle fleet, the demand for Automotive Proportioning Valves is also estimated to witness significant growth in the coming years. This in turn is expected to contribute to the growing market of Automotive Proportioning Valves across the globe during the forecast period. The global automotive proportioning valves market size is anticipated to be valued at US$ 285.4 Million in 2032. As per the report, sales ...
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